New €30 million fund launched to lend to SMEs

UK-based specialist BMS Finance will provide loans ranging from €500,000 to €5 million

30th March, 2016
The new 30 million fund is focusing on entrepreneur and owner-managed firms

BMS Finance, a UK-based specialist in finance for small and medium-sized enterprises, has launched a €30 million fund to provide growth capital to Irish SMEs.

The fund, which is backed by investors including the Ireland Strategic Investment Fund (ISIF), will provide loans ranging from €500,000 to €5 million. The loans will be provided on a senior secured basis, without the need for personal guarantees or personal security, for purposes including working capital, contract wins, capital...

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